SURGICAL BLADES MARKET ANALYSIS
North America is expected hold dominant position the global surgical blade market during the forecast period, owning to increasing demand for the treatment of chronic diseases surgery such as diabetes surgery, chronic kidney surgery For instance, according to The National Institute of Diabetes and Digestive and Kidney Disease 2015, more than 661,000 have kidney failure disease in U.S.
Asia Pacific is expected to witness significant growth over the forecast period, owing to increasing medical infrastructure and increasing investment in health protection, medical centers. Moreover, rising number of surgeries such as diabetic surgery, chronic kidney surgery in emerging economies such as India is also driving Asia Pacific market. For instance, according to Indian Brand Equity Foundation, in 2018, Government of India approved Ayushman Bharat-National Health Protection Mission. Ayushman Bharat-National Health Protection Mission will have defined benefit cover of US$ 7,174 per family, annually.
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